The study, commissioned by the Clean Energy Finance Corporation, looked to identify investment opportunities for hydrogen producers, large-scale energy users and potential investors. It assessed the economic competitiveness of green hydrogen over three time frames – 2020, 2030 and 2050 – and includes detailed analysis of the economic, technology and infrastructure factors that will underpin the green hydrogen economy.
The extensive market study into the competitiveness of green hydrogen across 25 Australian industry sectors found that green hydrogen is already approaching cost competitiveness for heavy trucking, buses and remote power, with the potential to become commercially viable across further sectors of transportation as early as 2030.
To read the Australian Hydrogen Market Study, go to the Australian Hydrogen Council website here.